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The $1bn start-up Flutterwave now certified unicorn after latest $170m round

The $1bn start-up: Flutterwave now certified unicorn after latest $170m round

O. Christopher - March 10, 2021

PlentyWaka raises US$1.2 million as it purchases another Ghanaian mobility start-up PlentyWaka, a Nigeran bus hailing and mobility service, has plenty going on for it these days. After just securing some funding to expand its services beyond Lagos into other commercial hubs in the country, they have secured yet another US$1.2 million that enables them grow and expand even further. The evidence of that growth is already showing in the company’s latest acquisition of Stabus, a Ghanaian start-up in the same industry. With this acquisition, PlentyWaka begins to make its move outside of the Nigerian market as it seeks to become a bus hailing service to be reckoned with in the whole of West Africa and even Africa at large. Since launch, the PlentyWaka service has been based on helping passengers book bus fares online and in real time like they would buy air fares. Over the past year alone, the company has enjoyed considerable growth in the area of funding and also, getting people to use and commit to its services. Thus, it makes sense that they capitalise on that current visibility to even reach more people while curating better solutions to help the existing market base. The latest funding round is led by Xchange, a Toronto-based fund, which is geared towards helping the Nigerian start-up scale, and do so fast.

PlentyWaka raises US$1.2 million as it purchases another Ghanaian mobility start-up

PlentyWaka earns a spot in the TechStars Accelerator program, secures $120k funding

PlentyWaka earns a spot in the TechStars Accelerator program, secures $120k funding

Supply Chain Management

Why you need Strong Digital Supply Chain Management

South Africa Startup, Synatic, Secures Funding to Expand Its Services into the United States

South Africa Startup, Synatic, Secures Funding to Expand Its Services into the United States

Goatti is investing in physical infrastructure development for its livestock platform

Goatti is investing in physical infrastructure development for its livestock platform

O. Christopher - April 21, 2020 0

PlentyWaka raises US$1.2 million as it purchases another Ghanaian mobility start-up PlentyWaka, a Nigeran bus hailing and mobility service, has plenty going on for it these days. After just securing some funding to expand its services beyond Lagos into other commercial hubs in the country, they have secured yet another US$1.2 million that enables them grow and expand even further. The evidence of that growth is already showing in the company’s latest acquisition of Stabus, a Ghanaian start-up in the same industry. With this acquisition, PlentyWaka begins to make its move outside of the Nigerian market as it seeks to become a bus hailing service to be reckoned with in the whole of West Africa and even Africa at large. Since launch, the PlentyWaka service has been based on helping passengers book bus fares online and in real time like they would buy air fares. Over the past year alone, the company has enjoyed considerable growth in the area of funding and also, getting people to use and commit to its services. Thus, it makes sense that they capitalise on that current visibility to even reach more people while curating better solutions to help the existing market base. The latest funding round is led by Xchange, a Toronto-based fund, which is geared towards helping the Nigerian start-up scale, and do so fast.

PlentyWaka raises US$1.2 million as it purchases another Ghanaian mobility start-up

O. Christopher - August 25, 2021 0

Palmpay launches Palmpay Cares, pledges NGN100 million to support against COVID-19

Palmpay launches Palmpay Cares, pledges NGN 100 million to Support against COVID-19

O. Christopher - April 29, 2020 0

Kenyan startup launches mobile safety application

Kenyan startup launches mobile safety application

O. Christopher - May 21, 2021 0

PayPal Commits $100M to Accelerate Digital Commerce Across the Middle East and Africa

PayPal Commits $100M to Accelerate Digital Commerce Across the Middle East and Africa

passyjango - September 24, 2025 0

Bundle launches payments startups for cash and cryptos with $450,00 funding

Bundle Launches Payments Startups for Cash and Cryptos with $450,000 Funding

O. Christopher - April 29, 2020 0

TIBU raises undisclosed amount in new funding round to boost business

TIBU raises undisclosed amount in new funding round to boost business

O. Christopher - April 26, 2021 0

Ten Nigerian start-ups have been selected for the iNOVO accelerator program

Ten Nigerian start-ups have been selected for the iNOVO accelerator program

O. Christopher - March 8, 2021 0

Infibranches, a Nigerian stirrup, secures $2m funding from Shell-backed company

Infibranches, a Nigerian stirrup, secures $2m funding from Shell-backed company

O. Christopher - September 20, 2021 0

The $1bn start-up Flutterwave now certified unicorn after latest $170m round

The $1bn start-up: Flutterwave now certified unicorn after latest $170m round

O. Christopher - March 10, 2021 0

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